Reduced disclosure and default risk: analysis of smaller reporting companies
(2024)
Journal Article
Yin, S., Yao, K., Chevapatrakul, T., & Huang, R. (2024). Reduced disclosure and default risk: analysis of smaller reporting companies. Review of Quantitative Finance and Accounting, 63, 355-395. https://doi.org/10.1007/s11156-024-01262-8
We examine the causal effect of reduced disclosure levels on the risk of default. Employing regression discontinuity (RD) design as our main identification strategy and the smaller reporting company rule (SRC rule) as the exogenous source of variatio... Read More about Reduced disclosure and default risk: analysis of smaller reporting companies.